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the obama administration has approved the killing of u.s. citizens if they are known to pose an imminent threat to the country. >> lithium ion batteries are not necessarily safe for use on airplanes -- not necessarily unsafe but safeguards need to be in place. the board is looking into the possibility that battery should have to meet tougher testing standards. x a sunny and windy day to day. >> a nice surprise for an elementary schoolteacher in southwest washington today. a show of appreciation. miss simms is a third grade teacher and she had no idea she was going to be honored. she received this year's education award. she gets a $25,000 cash prize. >> my third grade students bring a smile to my face every day. >> if you are wondering what she will do with the money she is getting, she says she will pay all some bills and possibly purchase a harley-davidson. that will make her even more popular with her students. >> boston is under a blizzard watch right now. new england might get buried up there. let's get started with the time lapse, this
the obama administration has approved the killing of u.s. citizens if they are known to pose an imminent threat to the country. >> lithium ion batteries are not necessarily safe for use on airplanes -- not necessarily unsafe but safeguards need to be in place. the board is looking into the possibility that battery should have to meet tougher testing standards. x a sunny and windy day to day. >> a nice surprise for an elementary schoolteacher in southwest washington today. a show of...
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Feb 8, 2013
02/13
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the obama administration has not been forthcoming. they have been missing in action when it mattered, they have been misleading people. >> sorry, out of time. ann coulter, great, thank you very much. mark and peter, much more time the next time. that's it for tonight's show. i'm larry kudlow. thanks for watching. she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache,
the obama administration has not been forthcoming. they have been missing in action when it mattered, they have been misleading people. >> sorry, out of time. ann coulter, great, thank you very much. mark and peter, much more time the next time. that's it for tonight's show. i'm larry kudlow. thanks for watching. she knows you like no one else. and you wouldn't have it any other way. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for...
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Feb 9, 2013
02/13
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is america a safer place or in more peril under the obama administration? are we safer or in more peril? >> it's an interesting question. if you are into the drone program, you are happy about killing terrorists. but i am concerned about lost opportunities, in terms of being able to get intelligence to gather informs and to be able to make a bigger impact overall. but it hasn't become, you know, expedient enough to try to put people behind bars and take unfunded liabilities. >> what are you going to do? invade tunisia to get these people? >> i didn't say that. >> no, maybe. how about leaning on tunisia? >> how about leaning on tunisia? what he said was right, that's the law of tunisia, we cannot go in there and take this guy out when they are following the laws of the country he lives in. i don't know what you expect. you want -- i don't know if we have enough soldiers to take over tunisia? >> no one's saying to take over tunisia. but you can exert diplomatic pressure to turn him over. there are other ways to do that. >> i am sure they have done that. >> be
is america a safer place or in more peril under the obama administration? are we safer or in more peril? >> it's an interesting question. if you are into the drone program, you are happy about killing terrorists. but i am concerned about lost opportunities, in terms of being able to get intelligence to gather informs and to be able to make a bigger impact overall. but it hasn't become, you know, expedient enough to try to put people behind bars and take unfunded liabilities. >> what...
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Feb 9, 2013
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so that creates some problems for hagel as well as for the obama administration going forward. >> the clip tons established a standard for full disclosure. it caused them a few headaches when people found out who was contributing to the clinton foundation. once that was done the nomination proceeded. that's the precedent we're dealing with here. >> chuck hagel gave a lot of speeches, joel. he will not disclose the source of that funding. they were overseas -- involved in an investment bank or private equity operation in nebraska, did a lot of foreign funding. chuck hagel was engaged in that stuff. he is not going to tell. you remember many years ago after the horrible 9/11, they had a commission. they wanted henry kissinger to run that commission. not even full time. he refused to disclose his foreign funding sources and clients. so i got to believe that hagel won't. >> that's right, of course kissinger got into a lot of trouble there and had to pull out. hare reid said at the time what are they hiding? the kissinger folks and the bush administration. that's the same question that hag
so that creates some problems for hagel as well as for the obama administration going forward. >> the clip tons established a standard for full disclosure. it caused them a few headaches when people found out who was contributing to the clinton foundation. once that was done the nomination proceeded. that's the precedent we're dealing with here. >> chuck hagel gave a lot of speeches, joel. he will not disclose the source of that funding. they were overseas -- involved in an...
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. >>> it could be a grueling day for president obama's pick to head the cia. john brennan will face tough questions from democrats and republicans during his confirmation hearing. brennan, who is the president's chief counterterrorism adviser now, is under scrutiny for the administration's use of drone strikes to kill suspected terrorists overseas. the senate intelligence committee will also likely grill him over his support for the bush administration's interrogation policies. brennan served in the cia under president george w. bush. >>> today is defense secretary leon panetta's turn to answer questions about september's deadly attack in benghazi, libya. he and the chairman of the joint chiefs will testify before the senate armed services committee. they will discuss the results of the defense department's internal review of the attack on the u.s. consulate. four americans were killed there including ambassador chris stevens. >>> the threat of huge budget cuts next smooth forcing the pentagon to make a drastic move this morning. defense secretary leon panetta
. >>> it could be a grueling day for president obama's pick to head the cia. john brennan will face tough questions from democrats and republicans during his confirmation hearing. brennan, who is the president's chief counterterrorism adviser now, is under scrutiny for the administration's use of drone strikes to kill suspected terrorists overseas. the senate intelligence committee will also likely grill him over his support for the bush administration's interrogation policies. brennan...
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a corruption and abuse of the process the obama administration is now promising to drop a new national polygraph policy that would prevent agencies from pushing legal or ethical boundaries during screening but at the moment the program has no oversight or accountability meaning tens of thousands of u.s. citizens will continue getting personally probed in the name of no. security green up or nine are key to your well polygraph tests might not be as accurate as you think to extract information from someone but apparently want to boarding as an either in an interview with n.b.c.'s meet the press u.s. defense secretary leon panetta and mit is that the u.s. could have found osama bin laden without using torture take a look you know order to put the puzzle of intelligence together. lead us to bin laden there was a lot of intelligence there were a lot of pieces out there that were part of that puzzle yes some of it came from some of the tactics that were used at the time inter-glacial tactics that were used but the fact is we we put together most of that intelligence without having to resort
a corruption and abuse of the process the obama administration is now promising to drop a new national polygraph policy that would prevent agencies from pushing legal or ethical boundaries during screening but at the moment the program has no oversight or accountability meaning tens of thousands of u.s. citizens will continue getting personally probed in the name of no. security green up or nine are key to your well polygraph tests might not be as accurate as you think to extract information...
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Feb 7, 2013
02/13
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the obama administration is targing the country's state broadcaster and internet policing agency. economic sanctions enacted last summer have also been triggered. washington hopes the move will force tehran to halt its nuclear program. >>> police in southern california are on the hunt for a man who used to be one of their own. former lapd officer christopher dorner is wanted in connection to a double hospital. the cal state basketball coach and is her fiancee were found shot to death sunday night. >>> some students at duke university say the kappa sigma fraternity went too far in throwing an asian-themed party. an invitation to the party was written in broken english and included a reference to kim jong il. members of duke's asian student association are protesting what they call a, quote, racist rager. >>> beginning in august, the post office will no longer deliver mail on saturdays. however, your packages will still show up in your mailbox. post office locations will remain open. it's expected to save the cash-strapped agency about $2 billion annually. >>> there's new research o
the obama administration is targing the country's state broadcaster and internet policing agency. economic sanctions enacted last summer have also been triggered. washington hopes the move will force tehran to halt its nuclear program. >>> police in southern california are on the hunt for a man who used to be one of their own. former lapd officer christopher dorner is wanted in connection to a double hospital. the cal state basketball coach and is her fiancee were found shot to death...
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it revealed incompetence at the top of the obama administration that is breathtaking. the president not concerned with americans under attack, secretary of state's all day long never once called to ask what might be done? the idea secretary not aware for request for satiric -- security saying can we help you out? nobody is hauled in this administration with national security. not just the failure of benghazi on negative benghazi but exposing the risk of facilities, citizens and their country to attacks worldwide. these people and not doing their jobs. >> the senior people are not from ambassador stevens was doing his. and we have a hint he was trying to negotiate arms transfers perhaps that is why he was meeting with the turkish ambassador, the last meeting he had. lou: suspend critical judgment for a man who has llen in service of this country, but he was aware of the security lapse from it is noble he would assume those for himself but he did for two operatives as well try to save his life and others trying to feed these attacks much of the responsibility rests upon
it revealed incompetence at the top of the obama administration that is breathtaking. the president not concerned with americans under attack, secretary of state's all day long never once called to ask what might be done? the idea secretary not aware for request for satiric -- security saying can we help you out? nobody is hauled in this administration with national security. not just the failure of benghazi on negative benghazi but exposing the risk of facilities, citizens and their country to...
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Feb 8, 2013
02/13
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meanwhile, in washington, there are new revelations of a split within the obama administration about what should be done about the conflict. ray suarez reports. >> suarez: it was a short moment in a long hearing devoted to another topic, and it yielded a surprising set of answers from defense secretary leon panetta, and the joint chiefs chairman, general martin dempsey. arizona republican john mccain asked about a report that president obama rejected a proposal to arm syrian rebels last summer. >> did you support the recommendation by secretary of state... then secretary of state clinton and then head of c.i.a. general petraeus that we provide weapons to the resistance in syria? did you support that? >> we did. >> you did support that. >> we did. >> suarez: so far, the president's judgment has been that things won't get better with american arms. instead, he's warned the weapons might fall into the hands of extremist elements, a concern reiterated today by the new secretary of state, who was asked about the deliberations last year. >> i don't know what the discussions were in the whi
meanwhile, in washington, there are new revelations of a split within the obama administration about what should be done about the conflict. ray suarez reports. >> suarez: it was a short moment in a long hearing devoted to another topic, and it yielded a surprising set of answers from defense secretary leon panetta, and the joint chiefs chairman, general martin dempsey. arizona republican john mccain asked about a report that president obama rejected a proposal to arm syrian rebels last...
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with an administration that avoids consequences of their public policy decisions. this time president obama asking congress to bail him out of the so-called defense sequester, nearly $500 billion cut in funding to our defense department that will cost thousands of jobs and undoubtedly weaken our national security. here is jay carney offering a bag and consuming answer as he triesto shift the responsibility for action from the president to congress. >> the president was clear he believes if we don't have the time or the are not inclined in the short term to accept the offer that he put forward that would resolve the sequester and then some with deficit reduction that we should at the very least take action for temporary buydown just as we did at the end of the year of the sequester to prevent the terrible impact of the sequester. lou: a panel trying to diagram the sequester. he points out the house has already passed two separate bills to replace the sequester but both of those bills are allowed to die and demographically controlled senate. he has had it with the ob
with an administration that avoids consequences of their public policy decisions. this time president obama asking congress to bail him out of the so-called defense sequester, nearly $500 billion cut in funding to our defense department that will cost thousands of jobs and undoubtedly weaken our national security. here is jay carney offering a bag and consuming answer as he triesto shift the responsibility for action from the president to congress. >> the president was clear he believes...
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Feb 4, 2013
02/13
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administration needs now to get going with another diplomatic initiative. as you said, andrea, they started out way back in 2009 with senator george mitchell as their envoy in a very aggressive way, and then really didn't do much after that policy could not be sustained. they need to get back to that. they also need to attend, of course, the syrian civil war. further calls over the weekend by senator john mccain that the administration should do more to arm the rebels and help the rebels, and other people, of course -- from the munich security conference that was held over this past weekend, and then, of course, you have the news from iran that appears to be accepting the invitation to engage in talks with the united states and the other permanent members of the security council. there's a very big, very tough agenda ahead of this new swuf state. >> and, in fact, there was some reporting over the weekend that hillary clinton had tried to move the white house to be more aggressive on syria on arming the rebels, and that john kerry is actually more in sync wi
administration needs now to get going with another diplomatic initiative. as you said, andrea, they started out way back in 2009 with senator george mitchell as their envoy in a very aggressive way, and then really didn't do much after that policy could not be sustained. they need to get back to that. they also need to attend, of course, the syrian civil war. further calls over the weekend by senator john mccain that the administration should do more to arm the rebels and help the rebels, and...
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he told the committee that the obama administration only uses drone strikes when there are no other options. >> i think there is a misimpression on the part of american people who believe we take strikes to punish terrorists for past transgressions. nothing could be further from the truth. we only take such actions as a last resort to save lives when there's no other alternative to taking an action that's going to mitigate that threat. >> pro esters interrupted the hearing several times much the head of the committee, dianne feinstein had capitol police clear the room of all spectators. that hearing later resumed with only senate staff members and reporters there. >>> today comedian stephen colbert will speak to democrats in leesburg, virginia. the talk show host will address the conference. he was invited to the retreat saying quote, we assume this is his attempt at bipartisanship. >> he sort of feigns republican. i think if he ran for office, he probably could win something. >> i think he really could. he cree acted that pac and got a lot of money. >> we'll see. coming up on 4:20 on our f
he told the committee that the obama administration only uses drone strikes when there are no other options. >> i think there is a misimpression on the part of american people who believe we take strikes to punish terrorists for past transgressions. nothing could be further from the truth. we only take such actions as a last resort to save lives when there's no other alternative to taking an action that's going to mitigate that threat. >> pro esters interrupted the hearing several...
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administration. these were policies that needed to be in place before 2001, were not. went through the pain and the agony and reputational problems of the years of the bush administration, but when office,t obama took then even despite the rhetoric and inconsistencies of what they criticized presidentc bush for, it looks like they kept most off the policies. that's good. >> brennan was there under bush. he kept a>> lot of the policies. >> excuse me. there were more holes in this testimony than a fat man's hammock. [ laughter ] that's pretty good.ha right?oo >> depends on the hammock. >> better than swiss cheese. we never get answers on benghazi, or why were the calls for help ignored? we get more answers if congress gathereder a ouija board and the benghazi suspect is free while the film maker is still in jail. which reminds me, there is still a manhunt for this cop killer in the woods of california. i've heard susan rice is already arresting the director of "first blood." turn to this guy. this this
administration. these were policies that needed to be in place before 2001, were not. went through the pain and the agony and reputational problems of the years of the bush administration, but when office,t obama took then even despite the rhetoric and inconsistencies of what they criticized presidentc bush for, it looks like they kept most off the policies. that's good. >> brennan was there under bush. he kept a>> lot of the policies. >> excuse me. there were more holes in...
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Feb 4, 2013
02/13
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former president bill clinton will speak at the service and represent the obama administration there also on wednesday, power ball. back again with a massive jackpot after nobody won this weekend. wednesday's drawing will be for an estimated $2,008,000,000 good luck if you are playing. that is how works reports on this sunday, february 3rd, 2013. so a lot of things to watch out for for this next week. keep it right here on fox news channel. i'm harris faulkner. ha a
former president bill clinton will speak at the service and represent the obama administration there also on wednesday, power ball. back again with a massive jackpot after nobody won this weekend. wednesday's drawing will be for an estimated $2,008,000,000 good luck if you are playing. that is how works reports on this sunday, february 3rd, 2013. so a lot of things to watch out for for this next week. keep it right here on fox news channel. i'm harris faulkner. ha a
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Feb 3, 2013
02/13
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WBAL
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>> i'm reminded through weeks into his first term of the obama administration. time geithner gives a speech at the treasury department about our banking industry and how to save it. three weeks into the administration. three weeks into his tenure. the market dropped 382 points. two weeks ago, tim geithner walked out of the treasury department, four years later, as one of the most influential treasury secretaries in the history of our country. so we get into all of these kerfuffles about one hearing or a few answers. chuck hagel is an infantryman who executed the orders of the secretary of defense and the commander in chief and understands what those people go through, and he'll be a good secretary of defense. >> i know we talked about this. bill kristol wrote the following, comparing chuck hagel to harriet myers and almost daring them to do with harriet myers. they simply thought she wasn't a first-rate candidate. they were confident that bush and the courts and the country could do better. it wasn't pleasant in 2005 for them to oppose a nominee tore to gi but i
>> i'm reminded through weeks into his first term of the obama administration. time geithner gives a speech at the treasury department about our banking industry and how to save it. three weeks into the administration. three weeks into his tenure. the market dropped 382 points. two weeks ago, tim geithner walked out of the treasury department, four years later, as one of the most influential treasury secretaries in the history of our country. so we get into all of these kerfuffles about...
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Feb 4, 2013
02/13
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otherwise you can't hunt in a national park. >> and are you lobbying the obama administration for this? >> of course. >> and what is the holdup? what's taking them -- what is their hesitation? >> well as you can see, you've got a lot of people that resist any kind of change, and i give you the example, it took us two years just to stop the importation because of resistance. >> let me ask you one quick question about some senate business, are you fully confident that chuck hagel can do the job of secretary of defense? do you have any hesitation based on that confirmation hearing? >> i have the confidence in chuck. i was surprised that he was not more direct in his answers. he could have been more straightforward. i think he would have come off better but chuck is an enormously competent patriot, and he will do well as secretary. >> senator bill nelson, democrat from the state of florida, i appreciate the update on this python issue and we'll be waiting to hear what the obama administration does in response to the idea of expanding it to the national park itself. thank you, sir. >> thank
otherwise you can't hunt in a national park. >> and are you lobbying the obama administration for this? >> of course. >> and what is the holdup? what's taking them -- what is their hesitation? >> well as you can see, you've got a lot of people that resist any kind of change, and i give you the example, it took us two years just to stop the importation because of resistance. >> let me ask you one quick question about some senate business, are you fully confident...
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tehran has found another way to provoke the obama administration. amy kellogg has more from london. >> iran just released footage it claimed it extracted from a drone captured in 2011. footage of the pentagon will not confirm if s authentic. not only can it reverse engineer and mass produce spy planes now but it's collected data from the sentinel surveillance craft it intercepted. as sanctions against iran are tightening. the supreme leader rejects joe biden's suggestion that direct negotiations between the two countries might be possible. >> i'm not a diplomat, i'm a revolutionary and negotiations can only be meaningful when the other party shows goodwill. when they don't show goodwill, talks are meaningless. >> u.s. is accused of holding a gun to iran but six powers which includes the united states is expected to meet the nuclear team next month. while the sanctions are hurting iran's economy they are not thwarting nuclear advancement. >> to make these advanced centrifuges, suggests they are moving fast ahead on their program. >> one note on the s
tehran has found another way to provoke the obama administration. amy kellogg has more from london. >> iran just released footage it claimed it extracted from a drone captured in 2011. footage of the pentagon will not confirm if s authentic. not only can it reverse engineer and mass produce spy planes now but it's collected data from the sentinel surveillance craft it intercepted. as sanctions against iran are tightening. the supreme leader rejects joe biden's suggestion that direct...
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Feb 10, 2013
02/13
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than those produced by the obama administration? >> i do not think there was a different standard. >> one was released within four months of the obama administration taking office. the other had been requested for a much longer time. >> i am not a lawyer. i have come to learn of the term sui generis. the olc memos released after the president came into office were released because the program was terminated. olc will counsel opinions, and those opinions were looked at in a different way because of the sui generis circumstances. >> both are essential for the ability of congress to carry its oversight responsibilities. finally, the intelligence reform act and terrorist prevention act of 2004, with which you are very familiar and which i was a co-author, requires the director of national intelligence to recommend who the cia director should be to the president of the united states. i am aware of general clapper -- the dni's letter, endorsing your nomination, which is different from his actually recommending to the president that you be
than those produced by the obama administration? >> i do not think there was a different standard. >> one was released within four months of the obama administration taking office. the other had been requested for a much longer time. >> i am not a lawyer. i have come to learn of the term sui generis. the olc memos released after the president came into office were released because the program was terminated. olc will counsel opinions, and those opinions were looked at in a...
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. >> but members of the obama administration including current defense secretary leon panetta are defending hagel. chairman of the joint chiefs of staff general martin dempsey thinks very highly of hagel and confident about his abilities after speaking to him in private. >> i'm not going to grade his homework. i will say in my conversations with him he was well prepared, articulate, concise. >> you are confident that he can do the job? >> i'm not going to speak about confidence. he could be my boss. >> harris: steve centanni live with the news from d.c. right now steve, his supporters trying to stem the tide against hagel, what are they saying? >> well, leon panetta the current defense secretary defended hagel saying it was partisan politics that led to the fierce questioning by members of the armed services committee on capitol hill. listen. >> it's pretty obvious that the political knives were out for chuck hagel. >> this was totally part shan? >> what disappointed me is that, you know, they talked a lot about past quotes but what about what a secretary of defense is confronting today. we
. >> but members of the obama administration including current defense secretary leon panetta are defending hagel. chairman of the joint chiefs of staff general martin dempsey thinks very highly of hagel and confident about his abilities after speaking to him in private. >> i'm not going to grade his homework. i will say in my conversations with him he was well prepared, articulate, concise. >> you are confident that he can do the job? >> i'm not going to speak about...
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>> i think the administration and when i say administration, i mean the obama campaign has won. they got exactly what they qanted. they did exactly what they wanted to do which was to stonewall, obfuscate, fog things up, get righteously indignant about accusations with lots of merit long enough to get obama reelected. i read the transcripts today of the advice presentation debate where joe biden's said paul ryan's criticism were all mala r key. they do not track anything we've seen in the hearings. >> hold it right there. much more to talk about after the break. coming up next, comparing the responses to the bush and obama anti-terrorism policies and whether they're that much different. don't go away. we'll be right back. [ male announcer ] coughequence™ #8. waking the baby. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckle
>> i think the administration and when i say administration, i mean the obama campaign has won. they got exactly what they qanted. they did exactly what they wanted to do which was to stonewall, obfuscate, fog things up, get righteously indignant about accusations with lots of merit long enough to get obama reelected. i read the transcripts today of the advice presentation debate where joe biden's said paul ryan's criticism were all mala r key. they do not track anything we've seen in the...
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and john brennan's policies will be about torture, about drones, about the obama administration and president obama being seen as a war hawk? >> i think senator burr was trying to say something like and get things going. republicans in some cases wasted time. instead of asking the tough questions on answers that we need to know, there was grandstanding. i know rand paul by way of example could have asked hillary clinton very tough questions about benghazi and used it for an infommercial. chuck hagel has very controversial reasons why he shouldn't be secretary of defense but yet we do too much grandstanding. i think we've wasted some time on the republican side. >> there have been really intense hearings, that's for sure. karen finney, jim warren, and brabender, thank you. >>> the president is getting ready to make his state of the union address, okay? we want to find out from you what you think the state of our union is. so we're giving you this homework assignment. we'd like to you finish this sentence. so here's mine. our state of the union is proud and ready for what is next. wha
and john brennan's policies will be about torture, about drones, about the obama administration and president obama being seen as a war hawk? >> i think senator burr was trying to say something like and get things going. republicans in some cases wasted time. instead of asking the tough questions on answers that we need to know, there was grandstanding. i know rand paul by way of example could have asked hillary clinton very tough questions about benghazi and used it for an infommercial....
WHUT (Howard University Television)
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we say this is a policy of the obama administration. the kill list happens in tuesday meetings at the white house. this is something we have to recognize is not coming from another political party, but coming from the democratic party with the complicity of the republicans. it is also the complicity of the entire senate intelligence committee that has allowed the cia to become a death squad, which is what it is today. we have been organizing, mobilizing, put out a letter by 100 religious leaders that was said to the white house, the intelligence committee members, organizing people within the military and getting letters from yemen and pakistan to say that these policies put us at risk, counterproductive. we even have someone like general mcchrystal saying, we don't understand the visceral hatred coming against the u.s. because of these drone strikes. we also to copies of living under drones done by nyu and stanford law school that explains it is not only the killing, but the terrorizing of an entire population where they hear the drums
we say this is a policy of the obama administration. the kill list happens in tuesday meetings at the white house. this is something we have to recognize is not coming from another political party, but coming from the democratic party with the complicity of the republicans. it is also the complicity of the entire senate intelligence committee that has allowed the cia to become a death squad, which is what it is today. we have been organizing, mobilizing, put out a letter by 100 religious...
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Feb 7, 2013
02/13
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in truth, it's really the large business, large chart, whatever, the larger obama administration is really the main strurmt for implementing a tax system, whatever you have. they are the ones that keep most of the records, and they are also the ones that, if they are large enough, they can do what the smaller organization does, keeping two sets of books. the financial accounting would be messed up, they could allocate capital well. that's part of the reason why income tax is possible in the 20th century, and despite the fact the civil war, it doesn't work in a nation of farmers or small businesses. in the modern era, there's another story missing, and that is which relates to something everybody's talked a limit about, about transfer systems interacting with the tax code. nina talked about the income cax credit, joe talked about it, and if you think about what we do in terms of phasing out benefits in the tax system and phasing out, measuring who is eligible for the huge number of the transfer systems, we rely on income. we are not going to rely on consumption and say there's a million dol
in truth, it's really the large business, large chart, whatever, the larger obama administration is really the main strurmt for implementing a tax system, whatever you have. they are the ones that keep most of the records, and they are also the ones that, if they are large enough, they can do what the smaller organization does, keeping two sets of books. the financial accounting would be messed up, they could allocate capital well. that's part of the reason why income tax is possible in the...